| Reuters: |
Sources: US prosecutors are split on charging Binance and its executives over money laundering and sanctions violations and have discussed potential plea deals — Splits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation … | Jonathan Weil / Wall Street Journal: |
Mazars' Binance “proof of reserve” report covers only some assets and liabilities and doesn't vouch for the numbers or assess internal reporting controls — Crypto exchange has begun releasing data to shore up confidence following collapse of FTX — Crypto's Crash Has Been Swift but Largely Self-Contained.| André Beganski / Decrypt: |
Binance CEO Changpeng Zhao acknowledges temporarily restricting accounts over “abnormal” altcoin trading, following a spat with a high-profile crypto trader — The company says the observed activity had nothing to do with compromised accounts or leaked API keys.| Bloomberg: |
Microsoft acquires a 4% stake in the London Stock Exchange, valued at ~£1.6B, as part of a 10-year deal in which LSEG plans to spend $2.8B+ on cloud services — Microsoft Corp. agreed to buy a 4% stake in London Stock Exchange Group Plc in a $2.8 billion cloud-computing deal that pushes big tech further into financial markets.| Bloomberg: |
Sources: the Netherlands and Japan agree in principle to join the US in tightening chipmaking exports to China and limit its ability to obtain advanced chips — Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chipmaking machinery to China … | Jordan Middler / Video Games Chronicle: |
Microsoft Gaming CEO Phil Spencer says Sony opposes the Activision Blizzard deal to “protect its dominance on the console” and to grow by “making Xbox smaller” — In the latest war of words over its proposed acquisition of Activision Blizzard, Microsoft's Gaming CEO … | Song Jung-a / Financial Times: |
South Korean prosecutors believe Do Kwon, who founded the collapsed UST and LUNA tokens, is hiding in Serbia after traveling via Dubai from Singapore in October — Prosecutors seek co-operation with Belgrade as search intensifies for Terraform chief — South Korean prosecutors believe that Do Kwon … | Adam Serwer / The Atlantic: |
How conservatives redefined free speech in the social media era, using the First Amendment to claim a “right to post” on platforms run by private companies — Early December might have marked the first time anyone ever asserted a First Amendment right to see the president's son's penis … | Wall Street Journal: |
A look at the role of SBF's parents Joseph Bankman and Barbara Fried in FTX's rise; the Stanford Law professors have been in the Bahamas since FTX's collapse — Joseph Bankman and Barbara Fried, both professors at Stanford Law, have remained in the Bahamas with their son since his firm's collapse| Meghan Bobrowsky / Wall Street Journal: |
Drucker Institute's annual Management Top 250 ranking shows Microsoft in first for a third straight year and Apple in second; Meta, Amazon, and Google drop down — The company is No. 1—again—in the Drucker Institute's annual Management Top 250 ranking. But below No. 1, there were a lot of changes … | Krisztian Sandor / CoinDesk: |
A look at what went wrong at decentralized lending protocol Maple Finance, as $54M in loans, or 66% of its lending pools, turn bad and what could happen next — Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade.| Yuvraj Malik / Reuters: |
| Jules Wang / Android Police: |
Xiaomi announces the ~$575 Xiaomi 13 and ~$720 Xiaomi 13 Pro, adding a Snapdragon 8 Gen 2 chipset, available in China, and the Watch S2, Buds 4, and more — When it comes to cameras, Leica's all about the focal lengths … Xiaomi has become a perennial player in the Qualcomm stakes … | Reuters: |
Hong Kong's security secretary says Google refused to change its search results for Hong Kong's national anthem from a protest song to China's national anthem — Google has refused to change its search results to display China's national anthem, rather than a protest song …
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| Benj Edwards / Ars Technica: |
| Igor Bonifacic / Engadget: |
| Bloomberg: |